Orange Acquires Cybersecurity Company SecureLink
08 May 2019 - 8:55AM
Dow Jones News
By Stephen Nakrosis
French telecommunications company Orange (ORAN) on Tuesday said
it entered a deal to acquire cybersecurity company SecureLink from
Investcorp for EUR515 million.
Orange said SecureLink, which is based in the Netherlands, is
one of the largest independent cybersecurity services providers in
Europe. SecureLink has on-the-ground presences in eight European
countries representing 75% of the market, Orange said.
SecureLink's senior management will join the global leadership
team and help integrate the organizations, Orange said.
The transaction is expected to be completed late in the second
quarter or in the third quarter of this year, Orange said.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 07, 2019 18:40 ET (22:40 GMT)
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